(NUSC) Nuveen ESG Small-Cap - Ratings and Ratios

The Nuveen ESG Small-Cap ETF (NUSC) is an exchange-traded fund that focuses on investing in small-capitalization companies listed on U.S. exchanges, with a specific emphasis on environmental, social, and governance (ESG) criteria. Under normal market conditions, the fund allocates at least 80% of its net assets and borrowings to component securities of the underlying index, providing a diversified portfolio that adheres to ESG principles.

By incorporating ESG criteria, NUSC aims to attract investors who prioritize sustainability and responsible investing. The funds underlying index comprises equity securities of small-cap companies that have met specific ESG standards, potentially reducing exposure to companies with poor ESG track records. This approach may appeal to investors seeking to align their investments with their values while still targeting the growth potential of small-cap stocks.

Analyzing the funds technical data, we observe that the last price is $40.07, slightly above the 20-day simple moving average (SMA) of $39.87, indicating a potential bullish trend. The 50-day SMA at $38.27 is significantly lower, suggesting an overall upward trajectory in the short to medium term. However, the 200-day SMA at $41.19 indicates that the fund is currently trading below its long-term average, potentially signaling a buying opportunity. The average true range (ATR) of 1.40% suggests moderate volatility.

Combining technical and fundamental analysis, we can forecast that NUSC may experience a positive trend in the coming weeks. The funds AUM of $1.123 billion indicates a reasonable level of investor confidence. Given the current price is near the 52-week high of $45.70 and above the 52-week low of $33.38, and considering the SMA indicators, we can expect NUSC to potentially move towards the $42-$43 range in the near term, driven by its adherence to ESG criteria and the overall market conditions for small-cap stocks.